Public finance; Bond Oversight Revolving Fund; fees; disposition of funds; repealer; effective date; emergency.
Referred to Appropriations and Budget General Government Subcommittee
Summary
The measure changes how the Council of Bond Oversight operates, lets it charge fees on approved bond issues, and transfers any money in the Bond Oversight Revolving Fund to the State Treasurer’s Revolving Fund. It also repeals the prior statute that created the separate fund. The changes affect the Council, the Deputy Treasurer for Debt Management, the Oklahoma Development Finance Authority and the State Treasurer’s office.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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